Oceaneering International (OII)
Provides subsea robotics, offshore engineering, asset integrity, and defense and space systems.
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Sells subsea robotic services, engineered products, offshore project work, asset-integrity and digital services, and aerospace and defense engineering. Revenue comes mostly from offshore oil and gas customers, with work also spanning industrial automation and U.S. government programs.
Operates through five segments: Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies. Offerings include work-class ROVs, survey and positioning, subsea umbilicals and connectors, vessel-based installation and intervention, inspection, mobile robots, and engineering for Navy and space programs.
Earns most revenue from offshore oil and gas customers, while also serving power, petrochemical, manufacturing, defense, and aerospace markets. Work spans the U.S. Gulf and international offshore regions; foreign activity supplies roughly half of revenue.
Integrates in-house ROV design and operation with specialized hardware, vessels, engineering, and inspection expertise for harsh environments. Results depend on offshore spending, fleet and vessel utilization, safe project delivery, international operating conditions, and continued government funding for Navy and NASA work.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 27, 2026 | Barclays | Reiterate | Rating: —Target: $39 | Target: $47 |
| May 7, 2026 | Barclays | Target | Target: $32 | Target: $39 |
| Mar 3, 2026 | UBS | Target | Target: — | Target: $34 |
| Feb 23, 2026 | Barclays | Reiterate | Rating: —Target: $23 | Target: $32 |
| Oct 28, 2025 | Barclays | Reiterate | Rating: —Target: $22 | Target: $23 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $629.5M · Total debt $822.2M · Total assets $2.69B · Shareholders' equity $1.17B
- Revenue
- $768.2M
- Operating income
- $88.2M
- Net income
- $65.0M
No dividends on record.
| Institutions | 106.13% | 105.63M shares | |
|---|---|---|---|
| 387 holders · as of Jun 30, 2026 | |||
| Insiders | 1.81% | 1.80M shares | |
| 22 holders · as of Aug 10, 2026 | |||
| Adds to | 107.94% | ||
99.53M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 107.94%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 16.48% | 16.40M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 7.96% | 7.93M | as of Jun 30, 2026 |
State Street CorpInstitution | 5.02% | 4.99M | as of Jun 30, 2026 |
Brown Advisory IncInstitution | 4.99% | 4.97M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.51% | 4.49M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 7, 2026 | Paul B. Jr Murphy | director | −10,000 | $48.37 |
| Jul 30, 2026 | Earl Childress | officer: SVP, Chief Commercial Ofc. | −12,701 | $46.71 |
| Jul 30, 2026 | M. Kevin Mcevoy | director | −3,000 | $47.93 |
| Jul 30, 2026 | Christopher J. Dyer | officer: SVP, OPGroup | −1,200 | $47.65 |
| Jun 30, 2026 | Deanna L. Goodwin | director | −7,000 | $40.69 |
- TechnipFMC
Integrated subsea systems, SURF, services, and ROV tooling peer
- Helix Energy Solutions
Direct deepwater well intervention and subsea robotics peer
- Baker Hughes
Subsea production hardware and life-of-field services peer
- Forum Energy Technologies
Subsea ROV, trencher, tooling, and rescue-vehicle overlap
- Teledyne Technologies
Undersea robotics and defense-electronics peer for Navy and offshore work
- Huntington Ingalls Industries
Navy UUV overlap in defense subsea systems
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Oceaneering International | $46.09 | −0.04% | $4.59B | 13.3 | 21.3 | 1.6 | +10.0% |
| TechnipFMC | $71.55 | +1.03% | $27.77B | 24.6 | 20.9 | 2.7 | +9.0% |
| Helix Energy Solutions | $10.60 | +2.91% | $1.56B | 39.3 | 22.6 | 1.2 | +0.6% |
| Baker Hughes | $57.65 | +0.68% | $56.84B | 18.4 | 21.5 | 2.1 | −2.4% |
| Forum Energy Technologies | $81.72 | +0.95% | $915.1M | — | 17.1 | 1.1 | +13.2% |
| Teledyne Technologies | $622.48 | +1.59% | $28.40B | 29.6 | 24.4 | 4.5 | +9.8% |
| Huntington Ingalls Industries | $273.55 | +0.96% | $10.68B | 16.1 | 14.0 | 0.8 | +10.9% |
| Median | 24.6 | 21.2 | 1.6 | +9.4% |